Knowledge Base
Glossary
Plain-English definitions for the terminology used across နည်းပြရှုထောင့်.
- Accumulator
- Accumulator is a type of parlay where you combine several outcomes into one bet, with each winning selection increasing the potential payout.
- American Odds
- American odds use a plus or minus sign to indicate underdogs and favorites, with plus showing potential profit on a $100 bet and minus showing how much you must bet to win $100.
- Arbitrage Betting
- Arbitrage Betting is a strategy that exploits differing odds across bookmakers to guarantee a profit regardless of the result.
- Bankroll
- Bankroll is the total amount of money you have set aside for betting, used to manage your wagering activity.
- Bet Builder
- Bet Builder is a feature that lets you create a personalized bet by combining different markets from the same match into one wager.
- Bet Settlement
- Bet Settlement is the process of calculating and paying out winnings after an event has concluded and the outcome is confirmed.
- BTTS
- BTTS stands for 'Both Teams to Score' and is a bet that both sides will net at least one goal during the match.
- Cash Out
- Cash Out lets you settle a bet before the event ends, either locking in a profit or cutting a loss based on current odds.
- Decimal Odds
- Decimal odds show the total payout per unit wagered, including the original stake, expressed as a single number.
- Double Chance
- Double Chance lets you cover two of the three possible match outcomes (win, draw, loss) in a single wager, lowering risk.
- Fractional Odds
- Fractional odds indicate the profit you stand to make relative to your stake, shown as a fraction (e.g., 5/1 means you win five units for each unit bet).
- Full-Time Result
- Full-Time Result is a straightforward bet on which team will win, or if the match will end in a draw, when the game finishes.
- Half-Time Bet
- Half-Time Bet is a wager placed on the result at the end of the first half only, independent of the full-time outcome.
- Handicap Betting
- Handicap betting gives one team a virtual advantage or disadvantage to balance the odds, similar to point spread.
- Live Betting
- Live Betting allows you to place or adjust bets while a match is in progress, with odds that update in real time.
- Moneyline
- Moneyline is a bet on which team will win a match outright, with odds adjusted to reflect each team's chance of winning.
- Odds
- Odds represent the likelihood of a specific outcome and determine how much you can win relative to your stake.
- Over/Under
- Over/Under is a bet on whether the total number of goals, points, or runs in a match will be higher or lower than a set line.
- Parlay
- Parlay is a single bet that links multiple selections; all must win for the wager to pay out, offering higher odds.
- Point Spread
- Point spread is a handicap applied to the favored team to level the betting field, requiring them to win by a certain margin for the bet to pay out.
- Single Bet
- Single Bet is a straightforward wager on a single outcome, with the win determined solely by that selection.
- Stake
- Stake is the amount of money you risk on a bet; it determines the size of your potential payout.
- Stake Limits
- Stake Limits are the maximum or minimum amounts a bookmaker allows you to wager on a particular market.
- Value Bet
- Value Bet occurs when the odds offered by a bookmaker are higher than the true probability of the outcome, giving you an edge.
- Void Bet
- Void Bet is a cancelled wager where all stakes are returned, usually because a market was not completed or a match was postponed.